Bitcoin Long Term Cycle
Indicators are more powerful when looking on the weekly or monthly.
If we look at the 2014 cycle, I think we are around the same point today when it bottomed.
As in my previous ideas on BTC, I expect a retest of 200 weekly EMA soon that could bring down price to 3200 or 3000 $, making a double bottom and starting a new cycle for the bulls.
Good luck guys.
--------------------------------------------------------------------------------------------------------------
My Website - Automated Strategies with Backtest and Alert Setup
If we look at the 2014 cycle, I think we are around the same point today when it bottomed.
As in my previous ideas on BTC, I expect a retest of 200 weekly EMA soon that could bring down price to 3200 or 3000 $, making a double bottom and starting a new cycle for the bulls.
Good luck guys.
--------------------------------------------------------------------------------------------------------------
My Website - Automated Strategies with Backtest and Alert Setup
🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.